Q4 results: underlying sales growth (USG) stood at 2.2% (cons. at 2.8%) with pricing at 2.6% and volumes at -0.4%. USG by division: PC +2.5% (weaker performance, on the back of Brazil and demonetisation in India and higher promotional activity in North America), Foods +1.9% (good performance), Refreshments +0.7% (ice-cream was impacted by a weak Brazil and Turkey but also tough comparables), HC +3%. On a full-year basis, underlying sales grew by 3.7% (cons. at 3.9%), with pricing at +2.8% and
26 Jan 2017
Weaker Q4; sees a slower start to FY17
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Weaker Q4; sees a slower start to FY17
Unilever PLC (ULVR:LON) | 4,072 8918.8 5.7% | Mkt Cap: 102,029m
- Published:
26 Jan 2017 -
Author:
Anna Zyniewicz -
Pages:
3
Q4 results: underlying sales growth (USG) stood at 2.2% (cons. at 2.8%) with pricing at 2.6% and volumes at -0.4%. USG by division: PC +2.5% (weaker performance, on the back of Brazil and demonetisation in India and higher promotional activity in North America), Foods +1.9% (good performance), Refreshments +0.7% (ice-cream was impacted by a weak Brazil and Turkey but also tough comparables), HC +3%. On a full-year basis, underlying sales grew by 3.7% (cons. at 3.9%), with pricing at +2.8% and